Blue Sphere Corp Stock Z Score
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Blue Sphere Piotroski F Score and Blue Sphere Valuation analysis.
At this time, Blue Sphere's Net Invested Capital is relatively stable compared to the past year. As of 07/28/2025, Long Term Debt To Capitalization is likely to grow to 2.54, while Net Working Capital is likely to drop (17.1 M). At this time, Blue Sphere's Selling General Administrative is relatively stable compared to the past year. As of 07/28/2025, Total Revenue is likely to grow to about 13.2 M, while EBIT is likely to drop (1.7 M).
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Blue Sphere Corp Company Z Score Analysis
Blue Sphere's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Blue Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Blue Sphere is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Z Score. Since Blue Sphere's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blue Sphere's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blue Sphere's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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In accordance with the company's disclosures, Blue Sphere Corp has a Z Score of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Blue Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Sphere's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blue Sphere could also be used in its relative valuation, which is a method of valuing Blue Sphere by comparing valuation metrics of similar companies.Blue Sphere is currently under evaluation in z score category among its peers.
Blue Fundamentals
| Return On Asset | -0.0577 | ||||
| Profit Margin | (1.56) % | ||||
| Operating Margin | (0.45) % | ||||
| Current Valuation | 26.16 M | ||||
| Shares Outstanding | 721.98 M | ||||
| Price To Earning | 0.59 X | ||||
| Price To Sales | 0.0004 X | ||||
| Revenue | 10.9 M | ||||
| Gross Profit | 2.41 M | ||||
| EBITDA | (2.37 M) | ||||
| Net Income | (10.44 M) | ||||
| Cash And Equivalents | 2.55 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 13.25 M | ||||
| Current Ratio | 0.37 X | ||||
| Book Value Per Share | (0.28) X | ||||
| Cash Flow From Operations | (355 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.16 | ||||
| Number Of Employees | 11 | ||||
| Beta | 337.46 | ||||
| Market Capitalization | 3.97 K | ||||
| Total Asset | 42.71 M | ||||
| Retained Earnings | (60.84 M) | ||||
| Working Capital | (18.15 M) | ||||
| Current Asset | 2.17 M | ||||
| Current Liabilities | 12.7 M | ||||
| Net Asset | 42.71 M |
About Blue Sphere Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Sphere Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Sphere using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Sphere Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Blue Sphere
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Sphere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Sphere will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
| 0.46 | MG | Mistras Group Earnings Call Tomorrow | PairCorr |
| 0.44 | G | Genpact Limited | PairCorr |
| 0.36 | WFCF | Where Food Comes | PairCorr |
The ability to find closely correlated positions to Blue Sphere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Sphere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Sphere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Sphere Corp to buy it.
The correlation of Blue Sphere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Sphere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Sphere Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Sphere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Blue Stock Analysis
When running Blue Sphere's price analysis, check to measure Blue Sphere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Sphere is operating at the current time. Most of Blue Sphere's value examination focuses on studying past and present price action to predict the probability of Blue Sphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Sphere's price. Additionally, you may evaluate how the addition of Blue Sphere to your portfolios can decrease your overall portfolio volatility.